Security Risks For The Wealthy And Their Advisers

There are security risks financial advisers and their wealthy clients need to consider. Plus, a look at robots. Wealth Adviser at WSJ.com's Veronica Dagher reports.

This transcript has been automatically generated and may not be 100% accurate.

... this is to share it with some advisers may be overlooking plus years one waiter which can protect themselves ... and a look at what one Advisor likes robots ... on Veronica Dagher ... welcome to WSJ's and Wealth Advisors there's a security risk advisors may be overlooking ... Mary biscotti CEO of coffee talk explain ... they need to look that with the terms of service or what that software firm does with that that that ... and all of what they're looking with that privacy ... you need to know how your clients or potential client's privacy information and data ... is either stored or transmitted ... and who is actually capturing that that noted that the light streams kitchen as ... you'd like to make sure that their unopened told the Munnetra facility ... that has no internet connection ... or a Fairholme base and using their own personal computers can be really shoot Packers come in ... aam or their capturing that's out there for other uses themselves the wealthy are more likely to be sealed at ... Mannix Advisors with and then shot and shares one way they can protect themselves he owns a rental property ... that should deftly be owned by an LOC guess the advantage there is if someone were to sue you ... and when ... they might just be of the state the LOC which owns the rental property ... but if you ... own that rental property in your own name when you get sued ... all of your assets are ... potentially subject to risk adviser Paul this is still likes the robots Here's Lai ... Lai concessions for Number reasons there's been an increase in ... manufacturing robots recently ... unfilled orders have increased ... so the rollout of companies that are going to be of will take advantage of this and some of these include ... Cummins engine ... any of the railroads ... which are going to transport fuel ... oil ... you know like Trinity Industries has railcar manufacturers ... this week wishing ill health and wealth ... on Veronica Dagher for Daddy SJ in wealth advisor ...